Convert FTUSD to USDEon Ethereum
Swap Flying Tulip USD (FTUSD) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your FTUSD → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
FTUSD to USDE market data
| Metric | FTUSD | USDE · Ethereum |
|---|---|---|
| Price | $0.9886 | $0.9999 |
| Market cap | $4.15M | $4.34B |
| 24h volume | $872 | $87.13M |
| 24h change | -1.33% | +0.01% |
| 7d change | -1.40% | +0.00% |
| 24h high / low | $1.00 / $0.9886 | $1.00 / $0.9997 |
| All-time high | $1.02 | $1.03 |
| Market cap rank | #1758 | #23 |
What is the FTUSD to USDE exchange rate?
At the current market price, 1 FTUSD ≈ 0.98862331 USDE, and 1 USDE ≈ 1.0115 FTUSD. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Flying Tulip USD is the smaller side of this pair — Ethena USDe's market capitalisation of $4.34B is roughly 1046× larger than Flying Tulip USD's $4.15M. They currently rank #1758 and #23 among all cryptocurrencies. Day-on-day, FTUSD printed -1.33% and USDE printed +0.01%, meaning the exchange rate between them has moved in USDE's favour. Zooming out to a week, FTUSD has moved -1.40% while USDE has moved +0.00%. Liquidity is ample on both legs — FTUSD trades $872 a day and USDE trades $87.13M — so conversions execute at market rates. Measured from record highs, FTUSD is down 3.4% and USDE is down 3.3%.
FTUSD to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
FTUSD / USDE conversion tables
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Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Flying Tulip USD and Ethena USDe
Flying Tulip USD (FTUSD) ranks #1758 by market capitalisation at $4.15M. It is trading 3.4% below its all-time high of $1.02. There are currently 4.19M FTUSD in circulation. FTUSD has moved -1.40% week-on-week and -0.90% over 30 days. Daily turnover comes to $872.
With a total market value of $4.34B, Ethena USDe (USDE) sits at #23 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.34B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $87.13M of USDE changes hands every 24 hours.
How to convert FTUSD to USDE
- 1 Enter the amount of FTUSD you want to convert — the swap widget on this page is prefilled with the FTUSD → USDE pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of USDE on Ethereum you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
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FTUSD to USDE FAQ
What is the FTUSD to USDE exchange rate?
1 FTUSD is worth roughly 0.98862331 USDE at the moment (inverted: 1 USDE ≈ 1.0115 FTUSD). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert FTUSD to USDE on SwitchFi?
Type in how much FTUSD you're converting, connect a wallet, check the quoted FTUSD→USDE route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the FTUSD to USDE swap instant?
If both assets live on the same chain the swap confirms within seconds. Cross-chain conversions add a few minutes of bridge confirmation time, with live status tracking throughout.
Are there fees to convert FTUSD to USDE?
The usual on-chain costs apply (network gas plus DEX/bridge fees), but they're disclosed inside the quote together with the minimum received. Nothing is charged for accounts or custody.
Do I need an account to exchange FTUSD for USDE?
No. SwitchFi is a non-custodial router — connect a compatible wallet and swap. No sign-up, no KYC to use the on-chain swap.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.